The global treasury and risk management market is segmented on the basis of parameters such as component, deployment, enterprise size, application, end user, and geography. Based on component, the treasury and risk management market are bifurcated into solution and services. The solution segment led the treasury and risk management market with a higher market share in 2020. Treasury and risk management solution segment integrate tools such as payments, cash management, and bank connectivity with an extensive library of financial instruments, advanced risk analytics, and hedge accounting to provide overall visibility across the enterprise. On the basis of deployment, the treasury and risk management market are bifurcated into cloud-based and on-premises. The cloud-based segment led the treasury and risk management market with a higher market share in 2020. A few benefits of a cloud-based treasury and risk management platform are the secure hosting of critical data, improved security & scalability, and quick recovery of files. Based on enterprise size, the treasury and risk management market are bifurcated into small & medium-size enterprises and large enterprises. The large enterprises segment led the treasury and risk management market with a higher market share in 2020. Large enterprises such as banks and other financial institutions are highly adopting the treasury and risk management solutions. In the basis of application, the treasury and risk management market are segmented into account management, cash & liquidity management, compliance & risk management, and financial resource management. The cash & liquidity management segment led the treasury and risk management market with a higher market share in 2020. Cash & liquidity management is a major component in treasury operations; operations are concerned with maximizing the benefits of surplus funds and minimizing the cost of shortfalls through careful investment and considered borrowing. Based on end user, the treasury and risk management market are segmented into BFSI, IT & telecom, retail and ecommerce, healthcare, manufacturing & automotive, and others. The BFSI segment led the treasury and risk management market with a higher market share in 2020. Treasury and risk management divisions in banks and other financial institutions are highly specialized areas designed to meet institutional and corporate customer’s unique investment and risk coverage needs. Geographically, the treasury and risk management market are segmented as North America, Europe, Asia Pacific (APAC), Middle East, and Africa (MEA), and South America (SAM). The North America segment led the treasury and risk management market with a higher market share in 2020. Due to the increasing technological sector the treasury and risk management market is growing in North America.
FIS (Fidelity National Information Services Inc); Oracle Corporation; PricewaterhouseCoopers International Limited (PwC); SAP SE; and Fiserv, Inc. – Prominent Market Participants in Treasury and Risk Management Market
FIS (Fidelity National Information Services Inc); Oracle Corporation; PricewaterhouseCoopers International Limited (PwC); SAP SE; and Fiserv, Inc. are the five key market players operating in the global treasury and risk management market. The treasury and risk management market is highly fragmented and competitive due to occurrence of huge number of small scale and medium scale manufacturers in both developed and developing economies. The top 5 market players are majorly focusing on various organic and inorganic growth strategies to survive in the treasury and risk management market. Such as, innovation of new technologies to offer enhanced product portfolios to the customers, merger and acquisitions, and expansion strategies.
Most of the market initiatives were observed in the North America region, which have a high potential of treasury and risk management providers. Few of the important market initiatives and product developments from the industry are mentioned below:
Year | News | Region |
2022 | Barilla has chosen Kyriba to provide a global platform for working capital, treasury, and risk management. Barilla also chose Kyriba to improve cash visibility, forecasting, and risk management for foreign exchange, interest rates, and commodities. | North America |
2022 | Oracle announced its collaboration with Barclays in the UK on large-scale virtual account management (VAM) initiative. The project’s goal is to provide businesses with greater capabilities. | North America |